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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject11/26/2000 12:22:32 AM
From: Don England   of 74559
 
prudentbear.com

haven't been thru the last couple dozen posts, so the above may have already been put up. it is terribly written, and as usual, i don't understand half of it. but i find the writer's emphasis on the types of paper our money mkt. accts. may be holding rather frightening. i have remained in cash since i fear the fed might actually tighten and tank treasuries, and any investment i put in them, but on the face of it the author makes it sound as if that would be far preferable to staying naked in the m.m. this idea was discussed earlier in the thread and then sort of slipped by without anyone seeming to really know much. any thots appreciated now. thanks, don
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